SS GROUP (P) LTD,HARYANA vs. ACIT CIRLCE-4(1), GURGAON, HARYANA
In the result, the appeal filed by the assessee is allowed
ITA 1094/DEL/2025[2015-16]Status: DisposedITAT Delhi17 Sept 2025AY 2015-16
Bench: Shri S.Rifaur Rahman & Shri Sudhir Kumarm/S. Ss Group (P) Ltd., Vs. Acit, Circle 4 (1), Ss House, Plot No.77, Sector 44, Gurgaon. Sector 45, Gurgaon – 122 001 (Haryana). (Pan : Aadcr8945B) (Appellant) (Respondent) Assessee By : Dr. Rakesh Gupta, Advocate Shri Somil Agarwal, Advocate Shri Saksham Agarwal, Ca Revenue By : Ms. Amisha S. Gupt, Cit Dr Date Of Hearing : 14.08.2025 Date Of Order : 17.09.2025 O R D E R Per S.Rifaur Rahman,Am: 1. The Assessee Has Filed Appeal Against The Order Of The Learned Commissioner Of Income-Tax (Appeals)/National Faceless Appeal Centre (Nfac), Delhi [“Ld. Cit(A)”, For Short] Dated 07.02.2025 For The Assessment Year 2015-16 Affirming The Penalty Order Dated 21.03.2022 Passed U/S 271(1)(C) Of The Income-Tax Act, 1961 (For Short ‘The Act’).
For Appellant: Dr. Rakesh Gupta, AdvocateFor Respondent: Ms. Amisha S. Gupt, CIT DR
Section 271(1)(c)Section 40A(3)
40A(3) of the Act and had also bonafidely believed the same as not covered under the said section.
15. The assessee we hold ,cannot be charged with having concealed or furnished inaccurate particulars of income so as to impose penalty u/s 271
